TCS cuts nearly all of loss in quarter

TeleCommunication Systems, of Annapolis, a wireless communication company, reported a 99 percent decrease in net loss for the quarter ended Dec. 31. TCS posted a net loss of $435,000, or 1 cent per diluted share, compared with a net loss of $55.7 million, or 95 cents, for the same period in 2013. Revenue rose to ...

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